Economic

Saudi defense spending soars, but not to America’s benefit

“Saudi Arabia has the third-largest defense budget in the world; Saudi military spending last year was almost $70 billion — only the United States and China spent more. However, the level of spending is unsustainable and inconsistent with the kingdom’s stated intent to retool the economy. And the Saudis are not buying what the White House is selling.”

Source: Saudi defense spending soars, but not to America’s benefit

OODA Analyst

OODA Analyst

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